Woman Charged with Submitting False Financial Aid Application

United States Attorney Mary Beth Buchanan announced today, August 15, 2006,
that Jessie Anderson of Punxsutawney, Pennsylvania, has been indicted by a federal
grand jury in Pittsburgh on a charge of Fraudulently Obtaining Department of
Education Funds.

The one-count indictment named Anderson, age 48, as the sole defendant.

According to the indictment, between March, 2004 and December, 2004, Anderson
obtained federal higher education assistance funds by falsely representing her
total available income and assets on a Free Application for Federal Student
Aid submitted to the United States Department of Education.

Assistant United States Attorney Dennis P. Kissane, who presented the case
to the grand jury, indicated that the law provides for a maximum total sentence
of up to 5 years in prison, a fine of up to $250,000, or both.

Under the Federal Sentencing Guidelines, the actual sentence imposed would
be based upon the seriousness of the offense and the prior criminal history,
if any, of the defendant.

Special Agent Bruce Lance of the United States Department of Education, Office
of Inspector General, conducted the investigation leading to the indictment
in this case.

An indictment is only a charge and is not evidence of guilt. A defendant is
presumed innocent and is entitled to a fair trial at which the government must
prove guilt beyond a reasonable doubt.